Ji'nan speeds up the construction of China South Korea Free Trade Zone pilot zone, and enterprises enjoy dividends.
Shun Net - Ji'nan daily
in June of this year, the government of China and South Korea signed the trade agreement. Ji'nan Comprehensive Bonded Zone, as the only national comprehensive bonded zone in the Midwest of Shandong, is speeding up the construction of the Ji'nan first pilot zone in the China South Korea FTA. What opportunities will it bring to Ji'nan? What benefits will the enterprises and citizens benefit from? Recently, the director of the Ji'nan customs, when he was in charge of the sun government hotline, said that Ji'nan could learn from the experience of Korea's enterprise technology, channel and brand to optimize and upgrade the industrial structure.
Ji'nan
advanced demonstration area to promote industrial optimization and upgrading
Ji'nan and Korea are geographically close, humane and close, and have close economic and trade contacts. Hu Jun, deputy director of the customs customs office of Ji'nan, said that China and South Korea have differences in the development stage and in resources, market, technology and management, still in different positions in the global industrial chain, and have strong complementarity. Through the Ji'nan pilot area of China and Korea's free trade area, we can provide an open platform for the industrial cooperation between the two sides. We can give full play to the advantages of the demonstration area, develop new economic sectors and create a new industrial chain. We can learn from the experience of enterprise technology, channel and brand in Korea to optimize and upgrade the industrial structure. At the same time, we will form the mechanism of open upside down reform, which will further deepen the reform in our city. Hu Jun is optimistic about the prospect of the Ji'nan first pilot zone in the China South Korea free trade zone.
enterprise
import cost reduction export profit
Hu Jun, China and South Korea self trade agreement, China's longest will achieve zero tariff in 20 years to reach 91%, 85% of the import, the zero tariff of Korea will reach 92%, and the import amount will be 91%. China will achieve zero tariffs in the field of electronic and electrical appliances, such as electric cookers, washing machines, refrigerators, medical instruments, household appliances and zero accessories, and the liberalization of trade in cold rolled steel plates, hot rolled stainless steel plates and thick plates in the field of steel. South Korea will phased out motor and transformer tariffs, and in 15-20 years, the cancellation of handbags, golf clubs and other imports of larger goods from China's tariffs. Import enterprises can import raw materials at lower tax rate or even zero tariff rate, reduce production costs, and export enterprises can enhance profit margins.
people
buy Korean goods more favorably
with the development of China and South Korea, more and more Korean goods will enter the Chinese market. More and more goods will be selected for the people, and the price is more and more favorable. Among them, the price of cosmetics in Korea is expected to drop by nearly 20%. Hu Jun said that the public is expected to enjoy Korean medical and cosmetic technology more conveniently. Many cities in China are planning to introduce a large number of advanced medical technology in Korea, and establish Korean high-end pharmaceutical products, health care products, cosmetics and medical equipment production bases, and build a rehabilitation center with the function of beauty, health care and health care for the aged. In addition, South Korea's brand clothing, bags, household appliances, electronic products and so on, with tariff reduction, prices will also decline significantly. The labor-intensive and intermediate products such as handicrafts, clothing and food produced in China will quickly occupy the Korean market by virtue of price advantage.